March drew 62 IPO bids in busiest month since 1999

SteveGelsi

NEW YORK (CBS.MW) -- A total of 62 companies filed initial public offerings in March. That's the busiest month since September, 1999 when 66 issuers filed IPOs, according to Thomson Financial. Filings ranged across the board, from financial services providers to biotech and medical device firms. In March of 2003, only five companies filed to go public.

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